Business Document Template Reyes-Raiden Hail

Business Document Template Reyes-Raiden Hail

This Business Services Agreement (the "Agreement") is entered into as of Effective Date: between Party A Name: and Party B Name: .

Recitals

WHEREAS, Party A provides professional services and has agreed to engage Party B to perform certain services as set forth in this Agreement; and

WHEREAS, Party B represents that it has the skill, personnel, and resources necessary to perform the services described herein and is willing to perform such services pursuant to the terms and conditions of this Agreement.

WHEREAS, the parties desire to set forth the terms and conditions under which such services will be provided.

Scope of Work

Deliverables shall include all items and documentation specified in the Detailed Scope of Services. Estimated commencement on Start Date: with an estimated completion on End Date: .

Payment Terms

Compensation: Client shall pay Service Provider a total fee of USD for the services described herein.

Deposit: due upon execution of this Agreement. Balance: due within days of invoice.

Late Payment: Unpaid amounts shall accrue interest at the lesser of (a) % per month, or (b) the maximum rate permitted by applicable law, calculated monthly on the outstanding balance until paid in full. Client shall also reimburse Service Provider for all reasonable collection costs and attorneys' fees incurred in collecting overdue amounts.

Term and Termination

Term: This Agreement shall commence on Start Date: and continue until End Date: unless earlier terminated in accordance with this Agreement.

Termination for Convenience: Either party may terminate this Agreement without cause upon written notice to the other party delivered at least days prior to the intended termination date.

Termination for Cause: Either party may terminate this Agreement upon written notice if the other party materially breaches any provision of this Agreement and fails to cure such breach within days after receipt of written notice specifying the breach.

Confidentiality

Each party (the "Receiving Party") shall maintain in confidence and shall not disclose to any third party any Confidential Information of the other party (the "Disclosing Party"). "Confidential Information" means non-public information disclosed in any form that is designated confidential or that reasonably should be understood to be confidential given the nature of the information and the circumstances of disclosure. Confidential Information does not include information that (a) is or becomes generally available to the public through no act or omission of the Receiving Party, (b) was in the Receiving Party's possession prior to receipt from the Disclosing Party, or (c) is rightfully obtained by the Receiving Party from a third party without restriction and without breach of this Agreement.

The Receiving Party shall use the Disclosing Party's Confidential Information solely to perform its obligations under this Agreement and shall protect such Confidential Information with the same degree of care used to protect its own confidential information, but in no event less than a reasonable degree of care.

Governing Law

This Agreement shall be governed by and construed in accordance with the laws of the State of without regard to conflict of laws principles. Each party submits to the exclusive jurisdiction of the state and federal courts located within that state for disputes arising under this Agreement.

Entire Agreement

This Agreement, together with any exhibits or attachments expressly incorporated herein, constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior and contemporaneous agreements, proposals, negotiations, and communications, whether written or oral. No amendment to this Agreement shall be effective unless in writing and signed by authorized representatives of both parties.

Additional Provisions

Assignment: Neither party may assign or transfer its rights or obligations under this Agreement without the prior written consent of the other party, except that either party may assign this Agreement to an affiliate or to a successor in interest in connection with a merger, sale of substantially all assets, or similar transaction.

Indemnification: Each party shall indemnify, defend and hold harmless the other party and its officers, directors, employees and agents from and against any and all third-party claims, liabilities, losses, damages, costs and expenses (including reasonable attorneys' fees) arising out of or resulting from the indemnifying party's gross negligence or willful misconduct in performing its obligations under this Agreement.

Sign Now